Perspectives on Advanced Air Mobility | Aerospace and Defense
Although “flying taxis” are not yet part of our daily lives, technology is advancing, regulators are developing certification routes and the public is intrigued. Airlines, airports and aerospace companies are integrating new types of passenger transport into their plans. Meanwhile, automotive OEMs and others in the wider mobility ecosystem are closely following developments related to electric vertical take-off and landing (eVTOL) aircraft, knowing they could provide a new sustainable option for passenger transport at urban and regional level.
Investors are feeling the momentum behind advanced passenger air mobility and are directing more funding to the sector – $4.8 billion in 2021 and $1.2 billion in the first months of 2022 alone. In our lifetime, we will probably see this new form of air transport emerge. Many companies hope to receive regulatory certification for their eVTOLs by the middle of the decade. A future trip from San Francisco to Lake Tahoe could take less than an hour by eVTOL, compared to nearly four hours by car. Getting from Zurich to St. Moritz would take around 30 minutes by plane, compared to two and a half hours by car.
This number of Perspectives on Advanced Air Mobility consolidates some of our most interesting research from recent years, focusing on the key challenges and opportunities of this emerging industry. While many barriers remain for advanced passenger air mobility, entrepreneurs, incumbents and other industry stakeholders are poised to overcome them. In addition to our research, this compendium also includes interviews with the leaders of three companies specializing in air mobility concepts: Joby, Lilium and Volocopter. These frontline accounts will provide an insider’s perspective on the industry.